Di Lewis argues that its failure to evolve as a medium of exchange threatens its existence in the face of stablecoins, institutional ownership, and resistance to progress.
The huge Bitcoin buy coincides with surging institutional interest, fueled by U.S. Bitcoin ETFs and the approaching halving. This solidifies Tether as a major Bitcoin player, both as a holder and future miner.
The project aims to attract large miners and key players in the Bitcoin ecosystem who need a hedging instrument to protect against Bitcoin fee volatility.
The project aims to attract large miners and key players in the Bitcoin ecosystem who need a hedging instrument to protect against Bitcoin fee volatility.
Di Lewis argues that its failure to evolve as a medium of exchange threatens its existence in the face of stablecoins, institutional ownership, and resistance to progress.
The huge Bitcoin buy coincides with surging institutional interest, fueled by U.S. Bitcoin ETFs and the approaching halving. This solidifies Tether as a major Bitcoin player, both as a holder and future miner.
With the impending Bitcoin halving set to reduce block rewards to 3.125 BTC, miners are investing heavily in new equipment and exploring low-cost regions for operations.
CME is rapidly closing in on Binance in the bitcoin futures market, reflecting a growing institutional interest, with $3.51 billion in OI, surpassing 100k BTC.
The leading information provider about the crypto market, Kaiko, released the report "The Binance Effect" on March 20. The report describes in detail how the exchange's actions affect the growth of the TrueUSD stablecoin and why the TUSD-BTC trading pair has become the most popular.
Bitcoin gained more than 50%, settled above $20,000, and crypto FUD has given room for slight optimism. Nevertheless, there are factors that analysts advise considering before making the bets.
